Property in Mumbai - Five reasons to investby Shikha Desai Real Estate Advisor
Property in Mumbai has always been as precious as gold. It is a lifelong dream for most people who come to the city of dreams to own property here. But for the longest time now residential property in Mumbai has been out of reach for most people because of the sky-high rates. Property in Mumbai is said to be the second most expensive property in the world.
The economy is changing though, and with it projects in Mumbai too are becoming more affordable. Upcoming residential projects in Mumbai are designed and priced keeping in mind the masses and not just the classes.
If for some reason you’re wondering why you should invest in residential projects in Mumbai, here are five good reasons that settle all your doubts.
return on investment: New flats in Mumbai may cost a bomb, but there is
no denying that they can also get you the best returns. Just by renting out a
2BHK flat in Mumbai you can earn a substantial living for an entire family. The
high cost of real estate in justified in the high returns one gets when they
put it on the market.
capital: If you’re a working individual then you know that Mumbai is
the hub of all businesses and everything related to commerce. Whether you work
in an MNC or have a business, being in Mumbai will grant you access to the
entire industry and bring you opportunities that you may not get anywhere else.
and accessibility: Mumbai is not only well connected other parts of
the country but to other parts of the world as well. If you are someone who
travels abroad or even anywhere in the country, you know that Mumbai is the hub
for all travel. Even within the city you can rest assured that no matter what
time of day or night it is, you can go down to the street and hail a taxi or
and auto rickshaw that’ll take you wherever you want.
infrastructure in the country: Mumbai may be under construction
right now, but there is no denying that this city has some of the country’s
best infrastructure. Both commercial and residential property in Mumbai has a
premium feel about it.
5. Budget housing: It’s no longer strictly true that all residential property in Mumbai is expensive. You can find new upcoming projects in Mumbai at highly competitive rates owing to the huge number of new construction taking place throughout the city.
Created on Apr 20th 2018 05:41. Viewed 622 times.